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When Is Backup Withholding Required?

Submitted by administrator on Thu, 05/01/2008 - 14:24.

(Additional Conferences and Seminars)

Do you know what types of payments are subject to backup withholding? And what are the consequences of noncompliance with backup withholding rules? Learn the four types of payments that can trigger backup withholding requirements and much more in this information-packed audio conference:

Thursday, May 8, 2008 – 2:00 p.m. EDT – 60 minutes
Featured Faculty: Steve Mercatante, Esq., Attorney-Advisor and In-House Counsel, Balance Consulting

Register today!

Numerous situations involving 1099 reportable payments can make backup withholding necessary ... and if you neglect to withhold when required, the IRS will hold your organization responsible for the amounts that should have been withheld. In this one-hour program, you’ll find out how to stay compliant and learn what steps you can take to reduce the possibility of having to withhold.
You will...

  • Learn what backup withholding is and why the requirement exists
  • Find out why the IRS believes every payer will have to backup withhold at some point
  • Identify the four types of backup withholding triggers
  • Understand how backup withholding is connected to the B-Notice process
  • Clarify the circumstances under which you can refund withheld amounts
  • Discover what to do with the amounts you have withheld
  • Know the penalties for failing to deposit in a timely manner

Plus, you’ll get answers to your backup withholding questions during the interactive Q&A portion of this audio conference.

You’re sure to come away with strategies you can apply now to stay in compliance with backup withholding rules... Enroll today!

If you are unable to attend the audio conference live, Order the CD!

Pricing:
TAPN members- $179
Non-members- $279
(Please note that there will be a $6.95 charge for Shipping and Handling on CD orders.)

About this conference's faculty:
Steve Mercatante, Esq., Attorney-Advisor and In-House Counsel, Balance Consulting LLC
Steve provides research, consulting, and training services in tax information reporting. Prior to joining Balance, his professional legal experience concentrated on probate law, estate planning and corporate law. He received his Juris Doctor from the Michigan State University College of Law and graduated with a Certificate in International Law. Steve is a member of the State Bar of Michigan and the Brighton Bar Association.

Seven important benefits of attending this audio conference:

  1. Affordable: You can train your entire staff for one low registration fee.
  2. Easy: No special equipment needed...just dial in and use a speakerphone to listen.
  3. Convenient: No travel out of the office...minimal time away from normal duties.
  4. Continuing Education Credit: Attendees may receive 1 CEU.
  5. Top-notch instructors: Real-world experience and accomplishments.
  6. Our Pledge: Your satisfaction.
  7. Immediate Payback: You'll learn practical skills you can apply immediately to boost your bottom line.

Continuing Education: This audio conference by The Accounts Payable Network qualifies for 1 CEU for the IOMA/TAPN Accounts Payable Certification Programs and 1 CPE credit from NASBA.

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